Duplex with In-Unit
For Sale
$749,000
1647 Moffett Road, Ceres, CA 95307
Two three-bedroom residences each include a private backyard and laundry appliances inside the unit.
Property Size2,268 SF
Price / SF$330.25
Days on Market10
Property Features for 1647 Moffett Road
General Information
Standard status
Active
Size
2,268 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
R2
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
washer/dryer
Fenced Yard
Building Details
Building Size
2,268 SF
Year Built
1979
Buildings
1
Stories
1
Units
2
Listing Agency:
Busy Bee Realty
7729863
Listed By:
Caprice Briski-Butzler
(209) 609-1974
Source:
Busybee
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 26 at 3:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Busy Bee Realty
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Investment Insights
Based on property information with market context.
This 2,268-square-foot duplex, built in 1979, contains two residences with three bedrooms and two bathrooms apiece. Each unit has a living room, kitchen, backyard, and in-unit washer and dryer. The property has received exterior paint, roof, and plumbing updates, and includes newer air conditioning and heating equipment. Zoning is R2, and there are no HOA fees.
Shopping, schools, and Highway 99 are nearby. Two other duplexes on neighboring parcels are also offered for sale, at 1643–1645 and 1655–1657 Moffett Road.
Shopping, schools, and Highway 99 are nearby. Two other duplexes on neighboring parcels are also offered for sale, at 1643–1645 and 1655–1657 Moffett Road.
Key Highlights
- Two units, each with 3 bedrooms and 2 bathrooms
- 2,268 square feet; built in 1979
- In‑unit washer and dryer in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,686
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,720
$613.7K
Cap Rate 7%
$438,371
$438.4K
Cap Rate 9%
$340,956
$341.0K
Market Conditions
NOI Build-Up for 2,268 SF
Gross rent
$44.9K $19.80/SF
− Vacancy
−$1.1K −$0.47/SF
EGI
$43.8K $19.33/SF
− OpEx
−$13.2K −$5.80/SF
NOI
$30.7K $13.53/SF
Area
Stanislaus County, CA
Vacancy
2.38%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,720
Cap Rate 7%
$438,371
Cap Rate 9%
$340,956
Alternative Uses
Best Use
Multifamily LT 5
$438.4K
$383.6K – $511.4K
NOI $30,686 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$404.5K
$353.9K – $471.9K
NOI $28,313 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$1.05M
$922.4K – $1.23M
NOI $73,790 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
Explore this area
Business Placement
Demographics for 95307, CA
46,346
Population
13,221
Households
3.5
Avg Household Size
33
Median Age
13%
College-Educated
73%
High-School Grad
32.8 sq mi
ZIP Area
1,413
Density / Sq Mi
$77,101
Median Household Income
$37,567
Median Earnings
$1,455
Median Rent
$402,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences each include a private backyard and laundry appliances inside the unit.
Where is this duplex located?
The property is located at 1647 Moffett Road Ceres, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; 2,268 square feet; built in 1979; In‑unit washer and dryer in both residences
